Mortgage Interest Rates 2024 Forecast Uk Calculator. Although uk inflation briefly hit the bank's 2% target in may and june, it is forecast to remain slightly above that level for the rest of 2024, before settling back down in early 2025. Lower mortgage rates could be on the way after the return of inflation to its target boosted the chances of a summer cut in.
Should i take a tracker or fixed rate mortgage in 2024? These forecasts are great news for borrowers as they hopefully mean mortgage interest rates will fall significantly over the next couple of years.
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